EIOPA Work Programme 2013 - EIOPA - Europa

emerging that would require EIOPA to make a decision on whether the risk of an
“emergency situation” exists and to make a proposal to the European Council.
Regardless of whether an emergency situation is declared or not, EIOPA will
continue to facilitate its Members, and where necessary, coordinate them in
taking action to prevent a financial crisis. Such actions could take the form of
recommendations or opinions. If an emergency situation were to be declared,
EIOPA stands ready to utilise all the tools and powers available to it.
7.3 Crisis Resolution
The European Commission has actively worked in the field of crisis resolution for
the Banking sector. If a decision is made to extend such work to the field of
Insurance, EIOPA stands ready to contribute and bring in much needed sectoral
responses to the issue, where appropriate.
8. External Relations
External relations are primarily considered to manage EIOPA’s relationship with
external partners such as stakeholders relevant to EIOPA’s work, including the
Insurance and Reinsurance as well as the Occupational Pensions EIOPA
Stakeholder Groups (IRSG, OPSG), EU bodies and institutions, in particular the
European Commission, Council and parliament and the Network of Agencies, the
other ESAs EBA and ESMA, the ESRB as well as third countries’ relevant
competent authorities and international organisations.
8.1 Relations with Stakeholders
EIOPA, acting with a view to improving the functioning of the Internal Market,
wants to ensure transparency and accountability in its work. EIOPA thus
regularly liaises, discusses and shares views, opinions and expertise, with
different stakeholders, both public and private, European or Third Countries,
benefiting from a better understanding of the implications of its proposals and
actions.
During 2013, EIOPA will continue to further develop and enhance concrete
initiatives targeted to stakeholders: A Joint Committee Consumer Strategy Day,
to ensure a direct understanding via consumer representatives of their needs;
seminars open to Industry representatives; pre consultations with stakeholders,
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© EIOPA 2012